Sen. Carl Levin Plans to Grill The IRS Over Dark Money

Sen. Carl Levin, right, in the Detroit Red Wings jersey.<a href="http://www.flickr.com/photos/peopleforcherry/3566431923/sizes/m/in/photostream/">People for Cherry</a>/Flickr


In his Tuesday column, the New York Times‘ Joe Nocera hails Democrat Carl Levin, the tough, irascible senior senator from Michigan who will retire at the end of his sixth term in December 2014. Nocera calls Levin “the Senate’s muckraker,” and he’s right: As the top Democrat on the Permanent Subcommittee on Investigations, Levin has probed shady mortgage dealings, the dark world of derivatives, feckless ratings agencies, and more. He famously said “shitty deal” a dozen times during a hearing with Goldman Sachs executives on, well, Goldman’s shitty mortgage deals.

At the end of his column, Nocera drops in this juicy detail:

Toward the end of my interview with Levin, he let slip a tantalizing tidbit. Sometime in the next few months, the permanent subcommittee plans to call the Internal Revenue Service to task for allowing the political super PACs to be classified as tax-exempt 501(c)(4)s. “Tax-exempt 501(c)(4)s are not supposed to be engaged in politics,” he said. “It is against the law to do so.” Then he added, with a certain undeniable relish, “We’re going to go after them.”

Oh, boy!

Oh, boy, indeed! Finally, someone in power plans to grill the IRS on why it is allowing hundreds of millions of dollars in secret money to flow through supposedly nonpartisan “social welfare organizations” and into our elections. Levin’s comments aren’t a complete surprise. In his retirement announcement, Levin said his investigative subcommittee will “look into the failure of the IRS to enforce our tax laws and stem the flood of hundreds of millions of secret dollars flowing into our elections, eroding public confidence in our democracy.”

We’re keenly interested in dark money here at Mother Jones, and as Mother Jones‘ own dark money reporter—yep, it’s there in my bio—I can’t wait to see what Levin digs up. Levin and his staff declined multiple interview requests, so you’ll just have to keep an eye on this space as the story develops.

More MotherJones reporting on Dark Money

$500,000 MATCHING GIFT

In 2014, before Donald Trump announced his run for president, we knew we had to do something different to address the fundamental challenge facing journalism: how hard-hitting reporting that can hold the powerful accountable can survive as the bottom falls out of the news business.

Being a nonprofit, we started planning The Moment for Mother Jones: A special campaign to raise $25 million for key investments to make Mother Jones the strongest watchdog it can be. Five years later, readers have stepped up and contributed an astonishing $23 million in gifts and future pledges. This is an incredible statement from the Mother Jones community in the face of the huge threats—both economic and political—against the free press.

Read more about The Moment and see what we've been able to accomplish thanks to readers' incredible generosity so far, and please join them today. Your gift will be matched dollar for dollar, up to $500,000 total, during this critical moment for journalism.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.